I believe in Las Vegas. I
think its best days are ahead of it. But I'm afraid to do
anything in the current political environment in the United
States. You watch television and see what's going on on this debt
ceiling issue. And what I consider to be a total
lack of leadership from the President and nothing's going to get
fixed until the President himself steps up and wrangles both
parties in Congress. But everybody is so political, so focused on
holding their job for the next year that the discussion in
Washington is nauseating.

And I'm saying it bluntly,
that this administration is the greatest wet blanket to business,
and progress and job creation in my lifetime. And
I can prove it and I could spend the next 3 hours giving you
examples of all of us in this market place that are frightened to
death about all the new regulations, our healthcare costs
escalate, regulations coming from left and right. A President
that seems, that keeps using that word redistribution.
Well, my customers and the
companies that provide the vitality for the hospitality and
restaurant industry, in the United States of America, they are
frightened of this administration.And it makes
you slow down and not invest your money. Everybody complains
about how much money is on the side in America.

You bet and until we change
the tempo and the conversation from Washington, it's not going to
change. And those of us who have business opportunities and the
capital to do it are going to sit in fear of the President. And a
lot of people don't want to say that. They'll say, God, don't be
attacking Obama. Well, this is Obama's deal and it's Obama that's
responsible for this fear in America.

The guy keeps making speeches about redistribution and maybe we
ought to do something to businesses that don't invest, their
holding too much money. We haven't heard that kind of talk except
from pure socialists. Everybody's afraid of the government and
there's no need soft peddling it, it's the truth. It is the
truth. And that's true of Democratic businessman and Republican
businessman, and I am a Democratic businessman and I support
Harry Reid. I support Democrats and Republicans. And I'm telling
you that the business community in this company is frightened to
death of the weird political philosophy of the President of the
United States. And until he's gone, everybody's going to be
sitting on their thumbs.

Later in the call, he rants again about how hard it is to visit
America (due to Homeland Security and visa issues), and what that
means for Chinese visitors.